US securities offerings: A primer for non-US issuers on financial statements

Author: | Published: 1 Dec 2006

The most frequently asked question at all-hands meetings for a securities offering is "What financial statements will be needed?" This user's guide is designed to provide a roadmap to help navigate the financial statement requirements of the US federal securities laws, focussing on the requirements for public offerings by foreign private issuers and the customs in the Rule 144A market.

What is a foreign private issuer? A foreign private issuer means any issuer (other than a foreign government) incorporated or organized under the laws of a jurisdiction outside of the US) unless:1...